| Investment Objective: |
The "Fund" seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of its Reference Asset (as specified herein). At the Fund's commencement of operations, the Reference Asset will be SK hynix Inc.'s ("SK hynix") American depository receipts ("ADRs"), which trade on the Nasdaq Global Select Market (Ticker: SKHY) ("SKHY"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of the Reference Asset for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of the Reference Asset for that period. Longer holding periods, higher volatility of SKHY, and leverage increase the impact of compounding on an investor's returns. |
